The US Federal Trade Commission is preparing to settle with the company behind the popular video game Genshin Impact over ...
Genshin Impact developer Cognosphere has agreed to pay the FTC $20m in fines for selling lootboxes to minors in a new ...
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The company will pay, and make changes to its disclosures ...
Loot Boxes: Virtual items in video games that players can purchase, which contain random rewards, often leading to uncertain outcomes. Internet Gaming Disorder (IGD): A condition characterized by ...
The FTC and HoYoverse are reportedly near a settlement that may send money out to Genshin Impact players over loot boxes.
The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” ...
Singapore-based Chinese video game developer Cognosphere, dba HoYoverse, known for “Genshin Impact,” a role-playing game involving ...
As an open world action title, Genshin Impact highlights its feature as freely explorable world, multiple playable characters ...
FTC Penalizes Genshin Impact For “Deceiving Children” With $ 20 Million Fine, Monetization To Change
“Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little ...
In addition to the fine, the settlement means children under the age of 16 won’t be allowed to purchase loot boxes in the publisher's video games without “a parent’s affirmative express ...
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